Will be some good buying shortly after open tomorrow, I wouldn't wait too long before buying though, expect retirement stocks to bounce back pretty quickly.
Will be some good buying shortly after open tomorrow, I wouldn't wait too long before buying though, expect retirement stocks to bounce back pretty quickly.
Not a retirement village operator but a provider of finance to that industry is being wound up.
SRF is winding up its listed fund.
I have found them to be a good investment and will be misty eyed to see them go.
What im noticing in High needs care facilities.
Covid has stressed out the system especially the carers.
There is now a high turnover of staff happening, not good.some great long term staff have gone.
Some of the staff are burnt out and have lost the empathy for residents
Some new staff dont have empathy ,its certainly not their calling
Have some staff gone back to their country or not had work visas extended?
Despite access now being available to family members etc to come and help(eg feeding at meal times) clients are being neglected (due to overwork)
Regulations like having to use a hoist for most clients means 2 staff are tied up for a while hence not getting to others in a timely way or at all.
This means for ex toileting doesnt happen at times leaving people sitting in their you know what for hours or longer.
A solution , one more staff member to take the ratio incrementally higher then current ratio (one staff to six clients i believe).
I understand they move staff around the places to help in busy times but this is not happening/helping where i visit .
Last edited by Joshuatree; 15-10-2020 at 11:57 AM.
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